SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
NAME OF ISSUER: Consep, Inc.
TITLE OF CLASS OF SECURITIES:
COMMON STOCK
CUSIP NO: 208469106
FEE BEING PAID: None
(1) NAMES OF REPORTING PERSONS: J. P. MORGAN & CO. INCORPORATED
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 13-2625764
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A)
(B)
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE POWER TO VOTE: 0 SHARES
(6) SHARED POWER TO VOTE: 702,860 SHARES
(7) SOLE POWER TO DISPOSE: 0 SHARES
(8) SHARED POWER TO DISPOSE: 702,860 SHARES
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
702,860 SHARES
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 7.2 %
(12) TYPE OF REPORTING PERSON: HC
PAGE 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
NAME OF ISSUER: Consep, Inc.
TITLE OF CLASS OF SECURITIES:
COMMON STOCK
CUSIP NO: 208469106
FEE BEING PAID: None
(1) NAMES OF REPORTING PERSONS: J. P. MORGAN CAPITAL CORPORATION
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 13-3610583
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A)
(B)
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE POWER TO VOTE: 0 SHARES
(6) SHARED POWER TO VOTE: 702,860 SHARES
(7) SOLE POWER TO DISPOSE: 0 SHARES
(8) SHARED POWER TO DISPOSE: 702,860 SHARES
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
702,860 SHARES
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 7.2 %
(12) TYPE OF REPORTING PERSON: CO
PAGE 2
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
NAME OF ISSUER: Consep, Inc.
TITLE OF CLASS OF SECURITIES:
COMMON STOCK
CUSIP NO: 208469106
FEE BEING PAID: None
(1) NAMES OF REPORTING PERSONS: J. P. MORGAN INVESTMENT CORPORATION
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS: 51-0304608
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (A)
(B)
(3) SEC USE ONLY
(4) CITIZENSHIP OR PLACE OF ORGANIZATION: UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(5) SOLE POWER TO VOTE: SHARES
(6) SHARED POWER TO VOTE: 702,860 SHARES
(7) SOLE POWER TO DISPOSE: SHARES
(8) SHARED POWER TO DISPOSE: 702,860 SHARES
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
702,860 SHARES
(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 7.2 %
(12) TYPE OF REPORTING PERSON: CO
PAGE 3
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AMENDMENT NO: 2 DATE: March 17, 1998
FEE BEING PAID: None
ITEM 1 (a) NAME OF ISSUER: Consep, Inc.
ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
213 Southwest Columbia Street
Bend, Oregon 97702
ITEM 2 (a) NAME OF PERSON FILING: J. P. MORGAN & CO. INCORPORATED, J.P.
MORGAN CAPITAL CORPORATION, J.P. MORGAN INVESTMENT CORPORATION
ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
60 WALL STREET
NEW YORK, N. Y. 10260
ITEM 2 (c) CITIZENSHIP UNITED STATES
ITEM 2 (d) TITLE OF CLASS OF SECURITIES:
COMMON STOCK
ITEM 2 (e) CUSIP NO: 208469106
ITEM 3 TYPE OF PERSON: (g) PARENT HOLDING COMPANY
ITEM 4 (a) AMOUNT BENEFICIALLY OWNED: 679,693 COMMON SHARES AND THE RIGHT
TO ACQUIRE 23,167 SHARES THROUGH THE EXERCISE OF WARRANTS.
ITEM 4 (b) PERCENT OF CLASS: 7.2 %
ITEM 4 (c) (i) SOLE POWER TO VOTE: 0 SHARES
(ii) SHARED POWER TO VOTE: 702,860 SHARES
(iii) SOLE POWER TO DISPOSE: 0 SHARES
( iv) SHARED POWER TO DISPOSE: 702,860 SHARES
PAGE 4
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARIES:
NOT APPLICABLE
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
NOT APPLICABLE
ITEM 9 NOTICE OF DISSOLUTION OF THE GROUP:
NOT APPLICABLE
ITEM 10 CERTIFICATION:
NOT APPLICABLE
AFTER REASONABLE INQUIRY AND TO THE BEST OF EACH OF THE UNDERSIGNED'S
KNOWLEDGE AND BELIEF, EACH OF THE UNDERSIGNED CERTIFY THAT THE INFORMA-
TION SET FORTH IN THIS STATEMENT IS TRUE, COMPLETE AND CORRECT.
J.P. MORGAN & CO. INCORPORATED
By: /s/ J. Edmund Colloton
Name: J. Edmund Colloton
Title: Vice-President
J.P. MORGAN INVESTMENT CORPORATION
By: /s/ J. Edmund Colloton
Name J. Edmund Colloton
Title: Vice-President
J.P. MORGAN CAPITAL CORPORATION
By: /s/ J. Edmund Colloton
Name: J. Edmund Colloton
TITLE: VICE-PRESIDENT
EXHIBIT 1
The shares of Consep, Inc. reported herein are directly held by J.P.
Morgan Investment Corporation, a directly held subsidiary of J.P. Morgan
Capital Corporation, which is a directly held subsidiary of J.P. Morgan & Co.
Incorporated.
The undersigned hereby consent and agree to the joint filing on behalf
of each of them of this Amendment No. 2 to Schedule 13G.
Date: March 17, 1998
J.P. Morgan Investment Corporation
By: /s/ J. Edmund Colloton
Name: J. Edmund Colloton
Title: Vice-President
J.P. Morgan Capital Corporation
By: /s/ J. Edmund Colloton
Name: J. Edmund Colloton
Title: Vice-President
J.P. Morgan & Co. Incorporated
By: /s/ J. Edmund Colloton
Name: J. Edmund Colloton
Title: Vice-President
